Contact Kim Cheng

Contact Kim Cheng
Coldwell Banker
Cell: 604-880-8971
Office: 604-437-1123
Coldwell Banker
Westburn Rlty.
5489 Kingsway
Burnaby, BC
V5H 2G1 CA

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In honour of the recent official opening of the Trump Tower in Vancouver …

 

“This is not FAKE NEWS!!!”*

 

“Really, really – I think this is going to be good” “All negative real estate news are the enemy of the people”*

 

We are continuing to see an upturn in the Vancouver real estate market.  As you may recall from our last market update, economists believed that the then recently announced BC Home Owner Mortgage and Equity Partnership would cause increases for properties at the low end and indeed that has seemed to be the case.  We are also starting to see more activity with houses under $1.5 million.  The greatest activity is in the one bedroom condo market with a return to multiple offers on entry level units. 

 

And now for the facts, the February market update numbers are:

 

 

2 Bedroom

1 Bedroom

 

#Active

/sq.ft.

#Sold

/sq.ft.

#Active

/sq.ft.

#Sold

/sq.ft.

Woodwards

2

$1,206

0

$---

2

$1,010

2

$889

Downtown

200

$1,299

66

$1,108

164

$1,072

82

$938

Coal Harbour

26

$1,782

9

$1,342

15

$1,379

5

$1,107

 

 

I would be happy to discuss your long and short term real estate strategies with you.  Call or email me today!

 

 

Regards,

 

Kim

 

 

E&OE

 

* Trumpisms used for satirical purposes only and do not express the viewpoints of the viewpoints of the writer or Coldwell Banker

         

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